Suffolk County Achieves Strong Results in $188.7 Million

FOR IMMEDIATE RELEASE

Date: October 23, 2025

Contact: Suffolk County Comptroller’s Office – (631) 853-5040

John M. Kennedy, Jr., Comptroller

Suffolk County Achieves Strong Results in $188.7 Million

Bond Sale

Competitive sale demonstrates investor confidence and sound fiscal management

Hauppauge, NY – October 23, 2025 — The Suffolk County Comptroller’s Office today announced the

successful sale of $188.7 million in tax-exempt bonds to fund the County’s ongoing capital improvement

program. The competitive sale drew bids totaling more than $1.5 billion, underscoring investor confidence in

Suffolk’s strong credit profile and fiscal discipline.

The winning bid was submitted by Jefferies LLC at an interest rate of 2.96%, marking the County’s lowest

borrowing rate in several years. Proceeds from the sale will support essential infrastructure improvements,

including upgrades to County facilities, roadways, and other public assets that serve residents across Suffolk

County.

“This was a highly successful sale with great results for our taxpayers,” said Suffolk County Comptroller John

M. Kennedy, Jr. “Strong investor confidence in the County’s credit and fiscal management helped us secure

these favorable financing terms.”

The bonds are scheduled for delivery to investors on November 5, 2025.

About the Suffolk County Comptroller’s Office

The Comptroller’s Office is responsible for protecting the fiscal integrity of Suffolk County through effective

financial management, transparency, and accountability. The off